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MAY 15, 2014 8:48 A.M.

Philip Cohen wrote:

Hmmm, notwithstanding that the eBay Dept of Spin likes to claim a “400% increase” in eBay’s share price since the GFC, just what does the "smart money" on Wall Street think about eBay? Well, the fact is, in August 2007, prior to the GFC, when the "Pain From Bain", Johnny Ho, was already effectively in control of eBay, the share prices of eBay and Amazon were both ~$40; with eBay recently ~$51 and Amazon ~$303, clearly, Wall Street (now) considers eBay to be a "dog", and Johnny Ho to be a very poor dog handler ...

One also has to wonder if founder Omidyar has ever thought about just how much more fabulously wealthy he might now have been had he not ok'd the handing over of the control of eBay to the delusional, destructive, incompetent, unscrupulous, narcissistic, sociopathic Johnny Ho? Indeed, had he, in August 2007, traded in just the ~108 million eBay shares, that he still holds today, for shares in Amazon, instead of ~$6 billion, his worth would now have been ~$32 billion! Now that, surely, is something for all of eBay's long-suffering "long" investors to think about, is it not? ...

eBay Inc, where the incompetent mingle with the malevolent and the criminal …

MAY 15, 2014 8:54 A.M.

Philip Cohen wrote:

Notwithstanding that the eBay Dept of Spin likes to claim a “400% increase” in eBay’s share price since the GFC, just what does the "smart money" on Wall Street think about eBay? Well, the fact is, in August 2007, prior to the GFC, when the "Pain From Bain", Johnny Ho, was already effectively in control of eBay, the share prices of eBay and Amazon were both ~$40; with eBay recently ~$51 and Amazon ~$303, clearly, Wall Street (now) considers eBay to be a "dog", and Johnny Ho to be a very poor dog handler ...

One also has to wonder if founder Omidyar has ever thought about just how much more fabulously wealthy he might now have been had he not ok'd the handing over of the control of eBay to the delusional, destructive, incompetent, unscrupulous, narcissistic, sociopathic Johnny Ho? Indeed, had he, in August 2007, traded in just the ~108 million eBay shares, that he still holds today, for shares in Amazon, instead of ~$6 billion, his worth would now have been ~$32 billion! Now that, surely, is something for all of eBay's long-suffering "long" investors to think about, is it not? ...

eBay Inc, where the incompetent mingle with the malevolent and the criminal …

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